A lot of the JPY pairs have formed bearish bars on the daily charts. These bearish signals come against what has been a very strong uptrend. The GBPJPY has formed a Pin Bar/Bearish Engulfing Bar. This bar is quite small compared to the large move up. Trading against the trend can be littered …
EURUSD Closing in on Resistance
The EURUSD has been pretty quiet of late with no sustained move either higher or lower. Price now is getting close to the recent resistance area where traders could look to get short if big Price Action forms. Trading could be done on the 4hr or daily chart. Support comes in around …
Reading The Price Action Story
Reading The Price Action Story In this video Johnathon discusses how you can take any chart and learn to read raw price. Price Action is an art form that most people over complicate with indicators and other junk. All that is needed is a plain chart and some knowledge of how price repeats itself …
